McDonald's

Financing

Restaurants' ouch moments of 2016

Not every restaurant development of the past year deserved commemoration with a smiley face. Here are a few of low points.

Workforce

Turmoil for an industry built on immigration

The restaurant industry has a unique perspective on the immigration issue. The trade is built on immigrants the way the auto industry depends on tires.

The top three burger chains, all QSRs, own two-thirds of the category's sales.

Consumers reveal which chain limited-time offers they are most likely to purchase based on name and description.

The burger giant is introducing the upgrade in waves this spring, with plans for more menu changes soon.

Some call them Millennials, others Generation Y. Most often, they're known as the Echo Boomers. The offspring of the Baby Boom generation, they form the next big wave rolling down America's demographic curve. Born between 1977 and 1995, they number at least 25 million more than Gen X (or the Baby Bust), the cohort that came of age in the 1980s and 1990s.

McDonald's Corp CEO Don Thompson sure could use a break. The head of the world's biggest restaurant chain, who for much of his two years at the helm has been battling to spark sales growth in the United States and Europe, got battered by headline-grabbing bad news in late July.

McDonald’s told investors yesterday that its turnaround program is catching hold while other brands are lopping off stores that drag on their rebounds.

McDonald's isn't the only chain relocating its home base. Several restaurant concepts announced in recent months that their HQs will soon have a new locale.

The past year reaffirmed that tough times bring many changes in restaurant leadership. Here are four of the most dramatic shifts.

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